Civic Intelligence

Jaffe Foundation

990PF • Fiscal year 2021 • EIN 06-1469004

Jan 01, 2021 to Dec 31, 2021 • Filed on May 06, 2022

80 E Market St Ste 300Corning, NY 14830

(607) 734-2271

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $5M-$10M nonprofits • Source year 2021

Net Margin

86th percentile

59%

Higher net margin than 86% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • $5M-$10M nonprofits • Source year 2021

Asset Growth

37th percentile

3.5%

Faster asset growth than 37% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-64%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$8,207,531

Up $276,326 (+3.5%) from 2020

Net Assets

Up

$8,207,531

Up $276,326 (+3.5%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$1,165,375

Down $2,059,528 (-64%) from 2020

Expenses

Down

$482,610

Down $217,776 (-31%) from 2020

Net Income

Down

$682,765

Down $1,841,752 (-73%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $1,785,066Liabilities 2011: $02011Assets 2012: $1,911,240Liabilities 2012: $02012Assets 2013: $2,075,390Liabilities 2013: $02013Assets 2014: $2,223,437Liabilities 2014: $02014Assets 2015: $2,595,989Liabilities 2015: $02015Assets 2017: $5,835,291Liabilities 2017: $1,608,654Net Assets 2017: $4,226,6372017Assets 2018: $6,506,024Liabilities 2018: $955,783Net Assets 2018: $5,550,2412018Assets 2019: $6,757,797Liabilities 2019: $350,0002019Assets 2020: $7,931,205Liabilities 2020: $0Net Assets 2020: $7,931,2052020Assets 2021: $8,207,531Liabilities 2021: $0Net Assets 2021: $8,207,5312021Assets 2022: $9,719,304Liabilities 2022: $0Net Assets 2022: $9,719,3042022Assets 2023: $11,193,644Liabilities 2023: $12023Assets 2024: $27,246,952Liabilities 2024: $100,000Net Assets 2024: $27,146,9522024

Highlighted filing

2021

Assets$8,207,531
Liabilities$0
Net Assets$8,207,531

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2011: $281,385Expenses 2011: $297,495Net Income 2011: -$16,1102011Revenue 2012: $272,411Expenses 2012: $447,137Net Income 2012: -$174,7262012Revenue 2013: $359,360Expenses 2013: $346,979Net Income 2013: $12,3812013Revenue 2014: $243,509Expenses 2014: $323,277Net Income 2014: -$79,7682014Revenue 2015: $465,689Expenses 2015: $367,753Net Income 2015: $97,9362015Revenue 2017: $3,592,153Expenses 2017: $2,188,708Net Income 2017: $1,403,4452017Revenue 2018: $1,330,907Expenses 2018: $152,855Net Income 2018: $1,178,0522018Revenue 2019: $1,231,635Expenses 2019: $269,573Net Income 2019: $962,0622019Revenue 2020: $3,224,903Expenses 2020: $700,386Net Income 2020: $2,524,5172020Revenue 2021: $1,165,375Expenses 2021: $482,610Net Income 2021: $682,7652021Revenue 2022: $3,890,349Expenses 2022: $617,589Net Income 2022: $3,272,7602022Revenue 2023: $4,812,138Expenses 2023: $767,514Net Income 2023: $4,044,6242023Revenue 2024: $36,508,735Expenses 2024: $1,366,100Net Income 2024: $35,142,6352024

Highlighted filing

2021

Revenue$1,165,375
Expenses$482,610
Net Income$682,765
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 6, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID M JAFFETreasurer/Secretary-$0--
DOUGLAS JAFFEPresident-$0--
KRISTIN HEAVEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Jaffe Foundation
EIN
06-1469004
In Care Of
% MARKET STREET SERVICES LLC
Address
80 E Market St Ste 300, Corning, NY 14830

Signing Officer

Name
Douglas Jaffe
Title
President
Phone
6079626876
Signed
2022-05-06

Preparer

Firm
Sayles & Evans
Address
One West Church Street, Elmira, NY 14901
Preparer
Steven E Agan
Phone
6077342271
Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0MARKET STREET SERVICES LLC
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
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IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0NONE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt150000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt225000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0GENERAL SUPPORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1GENERAL SUPPORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2LAST MILE EDUCATION FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0BENNINGTON COLLEGE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1CS FOR ALL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2DIGITAL HARBOR FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0ONE COLLEGE DRIVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1100 SIXTH AVENUE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt21045 LIGHT STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine2Txt014TH FLOOR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0BENNINGTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2BALTIMORE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0VT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2MD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd005201
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd110013
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd221230
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0428760
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0428760
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0527668
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt098908
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0295967
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt0302731
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0268083
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt098908
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0169175
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0598698
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0295967
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0302731
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02019
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02018
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02017
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0428760
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0767873
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0866781
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorNum12
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0DAVID M JAFFE
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1DOUGLAS W JAFFE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt080 E MARKET ST STE 300
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt180 EAST MARKET STREET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0CORNING
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1CORNING
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd1NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd014830
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd114830
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0500638
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt1300179
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum12
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt0500638
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt1300179
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc01411 SHS APPLE; 1000 SHS NIKE, INC. B 514 SHS MICROSOFT
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc140 SHS COSTCO WHOLESALE CORP. 5500 SHS INTEL CORPORATION
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02021-10-06
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt12021-12-22
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0LEGAL SERVICES
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt0688
OtherDecreasesSchedule/OtherDecreasesDetail/Amt0739869
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0APPRECIATION ON CONTRIBUTED STOCK
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0FILING FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1REGISTERED AGENT FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2TAX PENALTY
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt025
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1612
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt221
OtherIncomeSchedule2/OtherIncomeDetail/Desc0NONDIVIDEND DISTRIBUTIONS
OtherIncomeSchedule2/OtherIncomeDetail/Desc1FEDERAL TAX REFUND
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt01872
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1640
OtherIncreasesSchedule/OtherIncreasesDetail/Amt0333430
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0APPRECIATION ON GRANTED STOCK
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt030826
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt1736
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0MARKET STREET TRUST COMPANY
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1LAZARD INVESTMENT ADVISORS
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt030826
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt1736
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0DAVID M JAFFE
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm1DOUGLAS W JAFFE
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt080 E MARKET ST STE 300
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt180 EAST MARKET STREET
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0CORNING
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm1CORNING
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0NY
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd1NY
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd014830
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd114830
TaxesSchedule/TaxesDetail/Amt014485
TaxesSchedule/TaxesDetail/Amt16457
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL TAX PAYMENTS
TaxesSchedule/TaxesDetail/CategoryTxt1FORIEGN TAXES - 1099
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt06457
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUGLAS JAFFE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06079626876
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Jaffe Foundation
ReturnHeader/Filer/BusinessNameControlTxt0JAFF
ReturnHeader/Filer/EIN0061469004
ReturnHeader/Filer/InCareOfNm0% MARKET STREET SERVICES LLC
ReturnHeader/Filer/USAddress/AddressLine1Txt080 E Market St Ste 300
ReturnHeader/Filer/USAddress/CityNm0Corning
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014830
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sayles & Evans
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0One West Church Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elmira
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014901
ReturnHeader/PreparerPersonGrp/PhoneNum06077342271
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven E Agan
ReturnHeader/ReturnTs02022-05-13T11:37:53-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOUGLAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JAFFE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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